Job Responsibilities:

  1. Supplier Identification and Management:

    • Identify and evaluate potential suppliers based on quality, pricing, and reliability.
    • Maintain strong supplier relationships.
  2. Price Negotiation and Cost Control:

    • Negotiate pricing and terms with suppliers while ensuring quality standards and identifying cost-saving opportunities.
  3. Purchase Order Processing:

    • Generate accurate purchase orders and ensure compliance with company policies.
  4. Procurement Coordination:

    • Collaborate with departments to meet procurement needs.
  5. Inventory Management:

    • Monitor stock levels and optimize inventory to minimize costs.
  6. Quality Assurance and Compliance:

    • Ensure purchased goods meet quality standards and comply with regulations.
  7. Documentation and Reporting:

    • Maintain accurate procurement records and prepare regular reports.

Skills Required:

  • Continuous Improvement mindset.
  • Background in Mechanical Engineering or Supply Chain Management.
  • 2+ years of experience as a Purchase Executive or similar role.
  • Familiarity with procurement processes and vendor management.
  • Strong negotiation skills and organizational skills.
  • Proficiency in Microsoft Excel and procurement software.
  • Excellent communication and interpersonal skills.
  • Ability to work independently and in a team.
  • Knowledge of procurement regulations is a plus.
Salary: ₹12,000 to ₹30,000 based on experience and skills.

Key Performance Indicators (KPIs) for Purchase Executive:

Cost Management:

  • Procurement cost savings.
  • Average cost per purchase order.
  • Supplier price variance.
  • Inventory carrying costs.

Procurement Efficiency:

  • Purchase order cycle time.
  • Percentage of purchases made under contract.
  • Percentage of purchases made through preferred suppliers.
  • Percentage of purchases made through e-procurement.

Strategic Sourcing:

  • Percentage of purchases made through strategic sourcing initiatives.
  • Supplier consolidation rate.
  • Cost avoidance through strategic sourcing.
  • Supplier innovation contribution.

Supplier Performance:

  • On-time delivery rate.
  • Quality defect rate.
  • Supplier lead time.
  • Supplier satisfaction.


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